REA250
Nonprofit profile at a glance
- EIN
- 264781738
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2015
- Location
- Reno, NV, USA
- Phone
- 7753293421
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $20,160
- Expenses
- $20,652
- Assets
- $1,308
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Susan Clark (President and Treasurer)
People named in this filing
- Susan Clark (President and Treasurer)
- Leslie Caron (Secretary and Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At REA250 in Reno Nevada, we build public-private partnerships to accelerate our state's transformation to a sustainable clean tech economy. REA250 is a think tank for community outreach and education supported by pilot projects which promote sustainable economic development in Nevada.
What it reported doing in 2016
Achievement of program objectives enabled a 50 percent increase in the number of electric vehicles on Nevada roads and highways owned by state residents during 2016, accompanied by continued growth of educational outreach and infrastructure support. Increased task force members to 150+ statewide. Held 5 educational events. Published 12 Blogs (informational).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 36
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.4%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.